The monitoring evaluation of the Mindset and Behavior Reform by the three outside members

●Mr. Itami
It is commendable that the management team, including CEO, Igarashi, has explained the necessity and direction of the reform to the Group‘s employees with his own words. Through the initiatives, the true meaning of the reforms must be shared among all of the employees, and the change in employees’ awareness must lead to a change in their behavior, creating an organizational culture that ensures corporate activities rooted in integrity. To this end, it is important to promote various initiatives with a strong sense of speed under strong leadership. I will continue to monitor the leadership and behavioral reform, and the change in the behavior of the employees.

●Mr. Yoshino
It is commendable that, for the improvement of employees’ awareness, the top management is trying to redefine and present to both internal and external the corporate philosophy with a sense of speed and holding dialogues. ‘Awareness’ is meaningless if it is merely understood in words of the statement; it must be understood and put into practice as an ‘indicator’ that can be translated into action. We would like to focus on the implementation of such initiatives.

●Mr. Daito
In order to instill a corporate culture that places the top priority on integrity, the leadership of top management has planned fundamental reforms, including a review of the positioning of the corporate philosophy, and has designed, managed, and steadily implemented specific initiatives to realize these reforms, which is commendable. In the future, we would like to see the management team fully absorb the various concerns of those on the front lines who are working to put integrity first and reflect them in concrete initiatives so that integrity first will take root as a true corporate culture and not merely a slogan.

(as of December 1, 2023)

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